B. Riley Financial, Inc. (RILY) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K/A	10-K	10-K	10-K	10-K
Revenues:
Capital Markets	327.6	891.2	477.1	381.5	262.3	189.7	39.3	35.2
Valuation and Appraisal							31.7	31.1
Auction and Liquidation	74.1	73.5	88.8	22.5	55.0	47.4	87.7	46.2
Communications	235.7	93.3	87.1
Other	324.8	121.3	12.3	54.5	67.3	85.1	31.5
Total revenues [+]	962.2	1,179.4	665.3	458.5	384.6	322.2	190.4	112.5
Products								10.6
Services								101.9
Net interest income					-33.4
Revenue growth [+]	-18.4%	77.3%	45.1%	19.2%	19.4%	69.3%	69.2%	45.9%
Capital Markets	-63.2%	86.8%	25.1%	45.4%	38.3%	382.3%	11.8%	81.2%
Valuation and Appraisal							2.0%	1.4%
Auction and Liquidation	0.8%	-17.2%	294.2%	-59.1%	16.1%	-46.0%	89.8%	71.1%
Communications	152.5%	7.1%
Cost of goods sold [+]	221.1	81.3	72.9	66.4	35.6	41.0	55.6	32.1
Cost of services	142.5	54.4	60.5	58.8	34.8
Direct costs						40.6	40.9	29.0
Gross profit	741.1	1,098.0	592.4	392.1	349.1	281.2	134.7	80.4
Gross margin	77.0%	93.1%	89.0%	85.5%	90.8%	87.3%	70.8%	71.5%
Selling, general and administrative	714.6	906.2	428.5	385.2	310.5	227.9	82.1	58.3
Equity in earnings	3.6	2.8	-0.6	-1.4		-0.4
Other operating expenses	-52.0	-322.7	-126.5	-161.5	-15.3	6.1
EBITDA [+]	122.0	543.2	309.1	186.0	67.7	57.9	56.9	22.9
EBITDA growth	-77.5%	75.8%	66.2%	174.7%	16.9%	1.8%	148.2%	-641.2%
EBITDA margin	12.7%	46.1%	46.5%	40.6%	17.6%	18.0%	29.9%	20.4%
Depreciation and amortization	40.0	25.9	19.4	19.0	13.8	11.1	4.3	0.8
EBIT [+]	82.0	517.3	289.7	166.9	53.9	46.8	52.6	22.1
EBIT growth	-84.1%	78.6%	73.6%	209.7%	15.2%	-11.1%	138.3%	-552.2%
EBIT margin	8.5%	43.9%	43.5%	36.4%	14.0%	14.5%	27.6%	19.6%
Non-recurring items	9.0		14.1	1.7	8.5	18.4	3.9
Interest expense, net [+]	138.5	92.2	64.7	48.6	-1.3	8.0	1.7	0.8
Interest expense	141.2	92.5	65.2	50.2		8.4	2.0	0.8
Interest income	2.7	0.2	0.6	1.6	1.3	0.4	0.3	0.0
Other income (expense), net	-155.0	189.7	68.5		-25.4
Pre-tax income	-220.5	614.8	279.5	116.6	21.3	20.4	47.0	21.3
Income taxes	-63.9	164.0	75.4	-34.6	4.9	8.5	14.3	7.7
Tax rate	29.0%	26.7%	27.0%		23.0%	41.6%	30.4%	36.2%
Minority interest	3.2	5.7	-1.1	0.3	0.9	0.4	11.2	1.8
Net income	-167.8	437.6	200.4	81.3	15.5	11.6	21.5	11.8
Net margin	-17.4%	37.1%	30.1%	17.7%	4.0%	3.6%	11.3%	10.5%

Basic EPS [+]	($5.95)	$15.99	$7.83	$3.08	$0.58	$0.50	$1.19	$0.73
Growth	-137.2%	104.3%	154.0%	431.7%	16.2%	-58.1%	63.4%	-220.6%
Diluted EPS [+]	($5.95)	$15.09	$7.56	$2.95	$0.58	$0.48	$1.17	$0.73
Growth	-139.5%	99.5%	155.9%	410.0%	21.8%	-59.4%	61.3%	-220.3%

Dividends per share [+]	$4.24	$12.68	$1.51	$1.56	$0.85	$0.72	$0.29	$0.32
Growth	-66.6%	737.3%	-2.8%	83.9%	17.3%	145.4%	-7.9%	966.7%

Shares outstanding (basic) [+]	28.2	27.4	25.6	26.4	26.8	23.2	18.1	16.2
Growth	3.0%	6.9%	-3.0%	-1.4%	15.5%	28.0%	11.6%	68.8%
Shares outstanding (diluted) [+]	28.2	29.0	26.5	27.5	26.8	24.3	18.4	16.3
Growth	-2.8%	9.4%	-3.7%	2.9%	10.2%	32.1%	13.1%	69.2%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.